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What if the bank doesn’t show up at the closing?

Funding Contingency: If you need a mortgage contingency chances are these days you will try and get a funding contingency.  This will allow you to get out of the deal and get your downpayment back if the lender pulls out at the last minute, unless you did something wrong.  For obvious reasons, this is not favored by Sellers but sometimes necessary.

Category: Funding Contingency, The Buyers World Comments Off on What if the bank doesn’t show up at the closing?

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